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Accounting

Smaller Rooms, Bigger Impacts — Small Conferences and Retreats Help Build the Profession

Accounting April 29, 2026 

Smaller Rooms, Bigger Impacts — Small Conferences and Retreats Help Build the Profession

Professionals are starting to reconsider the mega accounting conferences and move toward smaller conferences, niche retreats, and multi-city roadshows.

Richard Roppa-Roberts

Featured Articles

April 17, 2026  

Last Chance to Vote in the 2026 Readers’ Choice Awards!

May 2, 2026  

If You Have a Flight Booked on Spirit Airlines … No You Don’t – Spirit Shuts Down Operations

May 1, 2026  

Canopy Launches Canopy Coworker

May 1, 2026  

Ramp Rolls Out AI Agents for Procurement

May 1, 2026  

Sikich Buys Consulting Firm Jefferson Wells U.S. From ManpowerGroup in $100 Million Deal
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets

Accounting July 30, 2025 

FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets

The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.

Jason Bramwell

Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme

Accounting July 30, 2025 

Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme

Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.

Jason Bramwell

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Small Business July 30, 2025 

Reciprocal Tariffs Explained: Impact on U.S. Businesses

Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.

Gail Cole

A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion

Small Business July 30, 2025 

A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion

A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.

Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile 

Small Business July 30, 2025 

Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile 

Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.

Jason Bramwell

Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients

Accounting July 29, 2025 

Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients

A New Milford accountant was sentenced on July 29 to three years in prison for stealing tens of thousands of dollars from clients, resolving three cases against him.

Smart Clerk Releases AI Bookkeeping Tool for SMBs

Technology July 29, 2025 

Smart Clerk Releases AI Bookkeeping Tool for SMBs

AI-enabled software provider Smart Clerk on July 29 launched its AI-powered bookkeeping tool designed to simplify accounting for small and medium-sized businesses.

Jason Bramwell

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Accounting July 29, 2025 

Lack of Trust Stands in the Way of Agentic AI Adoption

Just 13.5% of respondents say their organizations are already using agentic AI — although 33.6% say they are currently building or have future plans to adopt the technology.

Isaac M. O'Bannon

Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement

Accounting July 29, 2025 

Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement

Richard Mandarino, 46, of Scarborough, Ontario, who pleaded guilty last year to a federal wire fraud charge, was sentenced to two years and two months in federal prison and ordered to pay more than $1.8 million in restitution to his victims.

Jason Bramwell

Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group

Mergers and Acquisitions July 29, 2025 

Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group

The private equity-backed top 60 firm has expanded into the Atlanta market by combining with AGL CPA Group, a Duluth, GA-based CPA and advisory firm, effective July 16.

Jason Bramwell

UHY Partners with Secure AIs to Expand Technology Compliance Offerings

Technology July 29, 2025 

UHY Partners with Secure AIs to Expand Technology Compliance Offerings

UHY on Tuesday announced a new partnership with AI governance and security platform Secure AIs, which will enable the top 30 firm to expand its technology compliance offerings for clients.

Jason Bramwell

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Small Business July 29, 2025 

Mastercard Accelerates B2B Payment Automation Globally with Acceptance Innovations

The expanded offerings deliver a fast, innovative B2B payment experience for both buyers and suppliers at an opportune time when embracing the digitization of commercial payments is increasingly moving from optional to essential.

Isaac M. O'Bannon

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